Health insurance premiums can be expensive, especially if you have to purchase them on your own. However, in the end, having health insurance is most often less expensive than remaining uninsured. If you do not have health insurance, you will have to pay for all of your health care costs out of pocket. When you have insurance, though your premiums may seem expensive, they don't compare to the full cost of major medical procedures.

Medical bills can leave you in debt and may lead to difficulty paying your other bills. Medical coverage for one accident, emergency, or surgery - especially if it involves specialist or follow-up visits - can cause the insurance coverage to pay for itself. The money you save in medical bills is often well worth the up-front costs of the insurance policy.